Earlier this week we reported that the memory shortage was going to persist until late 2028, but news out of Korea now suggests it might stick around all the way until 2030. SK Group Chairman Chey Tae-won is quoted by The Korea Times saying that "The shortage stems from a lack of wafer capacity, and securing additional wafers takes at least four to five years," continuing "We expect the industry-wide supply shortfall to persist at over 20 percent through 2030."

The company is apparently looking at ways to stabilise pricing, but as to when this will happen, is anyone's guess at this point in time. In this specific case, it's down to SK hynix CEO Kwak Noh-jung to try and resolve the immediate situation. SK Group doesn't seem interested in building fabs outside of South Korea either, as Chey also told The Korea Times that "Korea already has the infrastructure in place, allowing for a much faster response. That is why we are concentrating our efforts here." There is at least some good news here, as it doesn't seem like SK hynix will put its entire focus on HBM memory, as the company is aware that might lead to further shortages of DRAM, which will affect the broader tech industry.